Governance & Integrity
Driving ethical and compliant behaviors across our value chain through strong governance practices
| Pillar Goals | 2023 Progress | SDG Alignment |
|---|---|---|
| Launch Responsible Supplier Program | Enrolled 340+ suppliers in our Responsible Supplier Program in its first year | |
| 75% of suppliers by greenhouse gas emissions to have a validated short-term Science-Based Targets initiative (SBTI) target by 2030 | NEW | |
| All high risk, high impact and strategic supplier partners to be above their industry average EcoVadis score by 2030 | NEW |
Instilling Science for Goodness
Avantor practices responsible corporate governance by establishing and adhering to best practices, proactively identifying opportunities for process improvements and developing strong partnerships, both internally and externally. This commitment encompasses conducting business in full compliance with all applicable laws and regulations, maintaining a high degree of internal conduct and communication standards, notably through our Code of Ethics and Conduct and other internal policies, and engaging with our supplier partners around the world to ensure they adhere to our high standards.
We focus our efforts on conducting business in full compliance with all national and international laws and regulations. Our compliance policies and certifications help to ensure that our facilities and activities satisfy all applicable regulatory requirements.
Avantor recognizes we cannot achieve our long-term sustainability goals without the support of our suppliers. To better ensure we partner with suppliers who share our values and our commitment to Science for Goodness, Avantor has developed our Responsible Supplier Program, which, after a pilot in 2022, officially launched in June 2023. This exciting new program aims to improve supplier performance across six sustainability priorities: climate change, deforestation, human rights, responsible packaging, waste and water.
The Avantor Business System (ABS) is more than just a set of tools – it is foundational to how we work, empowering our associates to make improvements at the local level. In 2023, more than 1,000 associates participated in ABS workshops and Kaizen events driving improvements to enhance associate, customer, and shareholder experiences.
We maintain several policies to ensure we meet the highest standards in areas including conflicts of interest, compliance with laws, use of company assets, investigations, and corrective actions for violations of company policy and our general business practices.